The school with the biggest reported profit (Profit 1) is Texas A&M University of $20,309,228 and the schools with the biggest reported loss is Oklahoma State University of -$20,029,043, which is likely due to expenses occurring after the huge profits from a few years ago. In terms of generated profits (Profit 2), again Texas A&M University had a $15,845,848 profit and the school with the biggest generated loss is Rutgers University with a loss of -$25,572,909. The school with the biggest subsidy in 2009 was Rutgers University with a subsidy of $25,732,550. Rutgers was also the school with the largest subsidy in 2008.
Finally, in terms of overall profits and losses from the 227 NCAA athletic departments in USA Today's database (not all schools are in the database), the total generated loss was $1,942,451,712. Yes, a combined loss of over $1.9 billion.
Here's the breakdown in alphabetical order.
| School | Profit 1 | Profit 2 | Subsidy | ||
| Air Force | -$1,328,744 | -$20,803,211 | $19,474,467 | ||
| Akron | $546,185 | -$15,096,611 | $15,642,796 | ||
| Alabama | $9,433,541 | $4,382,556 | $5,050,985 | ||
| Alabama A&M | $2,070,658 | -$4,777,502 | $6,848,160 | ||
| Alabama State | $0 | -$6,255,130 | $6,255,130 | ||
| Alabama-Birmingham | $289,453 | -$12,783,224 | $13,072,677 | ||
| Albany | $0 | -$11,951,105 | $11,951,105 | ||
| Alcorn State | $642 | -$3,115,958 | $3,116,600 | ||
| Appalacian State | -$548,806 | -$9,486,363 | $8,937,557 | ||
| Arizona | $195,091 | -$5,404,786 | $5,599,877 | ||
| Arizona State | -$1,140,123 | -$9,557,044 | $8,416,921 | ||
| Arkansas | $1,226,045 | -$257,411 | $1,483,456 | ||
| Arkansas Little-Rock | $51,219 | -$5,544,880 | $5,596,099 | ||
| Arkansas State | -$1,076,456 | -$5,866,974 | $4,790,518 | ||
| Arkansas-PineBluff | $0 | -$4,212,723 | $4,212,723 | ||
| Army | $2,135,014 | -$8,723,763 | $10,858,777 | ||
| Auburn | $1,521,070 | -$3,707,919 | $5,228,989 | ||
| Austin Peay | $61,356 | -$5,660,905 | $5,722,261 | ||
| Ball State | $881,315 | -$14,258,690 | $15,140,005 | ||
| Birmingham | $539,281 | -$15,375,311 | $15,914,592 | ||
| Boise State | -$270,436 | -$10,120,109 | $9,849,673 | ||
| Bowling Green | -$323,936 | -$12,238,626 | $11,914,690 | ||
| Buffalo | $2,459 | -$20,259,227 | $20,261,686 | ||
| Cal State Bakersfield | -$842,104 | -$6,589,787 | $5,747,683 | ||
| California | -$1,589,167 | -$13,665,882 | $12,076,715 | ||
| California Davis | -$42,252 | -$20,051,773 | $20,009,521 | ||
| California Irvine | $121,433 | -$10,546,470 | $10,667,903 | ||
| California Polytechnic | -$1,559,156 | -$17,222,318 | $15,663,162 | ||
| California Riverside | $355 | -$11,069,831 | $11,070,186 | ||
| California Santa Barbara | $636,471 | -$10,985,077 | $11,621,548 | ||
| California State Fullerton | -$422,054 | -$7,487,173 | $7,065,119 | ||
| California State Northridge | -$18,348 | -$8,385,701 | $8,367,353 | ||
| Central Arkansas | $47,584 | -$6,437,329 | $6,484,913 | ||
| Central Connecticut State | -$230,564 | -$10,913,362 | $10,682,798 | ||
| Central Florida | -$184,410 | -$18,340,593 | $18,156,183 | ||
| Central Michigan | -$194,047 | -$15,352,546 | $15,158,499 | ||
| Cincinnati | -$855,178 | -$13,595,521 | $12,740,343 | ||
| Citadel | $131,120 | -$7,069,228 | $7,200,348 | ||
| Clemson | -$556,266 | -$5,016,211 | $4,459,945 | ||
| Cleveland State | $0 | -$8,130,966 | $8,130,966 | ||
| Coastal Carolina | -$22,948 | -$15,164,222 | $15,141,274 | ||
| College of Charleston | $526,288 | -$8,422,479 | $8,948,767 | ||
| Colorado | $1,652,372 | -$5,662,388 | $7,314,760 | ||
| Colorado State | $214,921 | -$11,770,877 | $11,985,798 | ||
| Connecticut | $91,015 | -$13,690,266 | $13,781,281 | ||
| Coppin State | -$895,307 | -$2,803,950 | $1,908,643 | ||
| Delaware | $0 | -$23,670,549 | $23,670,549 | ||
| Delaware State | $0 | -$12,166,515 | $12,166,515 | ||
| East Carolina | $2,402,665 | -$10,083,717 | $12,486,382 | ||
| East Tennesse State | -$33,741 | -$7,866,480 | $7,832,739 | ||
| Eastern Illinois | $226,766 | -$8,361,022 | $8,587,788 | ||
| Eastern Kentucky | -$632,206 | -$9,888,377 | $9,256,171 | ||
| Eastern Michigan | $1,239,426 | -$20,323,907 | $21,563,333 | ||
| Eastern Washington | $33,409 | -$6,213,397 | $6,246,806 | ||
| Floirda A&M | -$590,478 | -$4,933,970 | $4,343,492 | ||
| Florida | -$5,268,539 | -$9,624,301 | $4,355,762 | ||
| Florida Atlantic | $113,140 | -$11,198,758 | $11,311,898 | ||
| Florida Gulf Coast | $765,626 | -$5,051,687 | $5,817,313 | ||
| Florida International | -$531,063 | -$17,999,340 | $17,468,277 | ||
| Florida State | -$4,110,827 | -$11,582,932 | $7,472,105 | ||
| Fresno State | $1,188,288 | -$7,381,021 | $8,569,309 | ||
| George Mason | $387,146 | -$13,812,287 | $14,199,433 | ||
| Georgia | $4,934,278 | $1,807,364 | $3,126,914 | ||
| Georgia Southern | $217,025 | -$6,639,388 | $6,856,413 | ||
| Georgia State | $2,513,719 | -$12,565,487 | $15,079,206 | ||
| Georgia Tech | -$465,425 | -$6,462,117 | $5,996,692 | ||
| Grambling State | -$211,000 | -$4,210,965 | $3,999,965 | ||
| Hawaii | -$2,361,478 | -$12,787,339 | $10,425,861 | ||
| Houston | $0 | -$19,886,409 | $19,886,409 | ||
| Idaho | -$491,382 | -$8,373,924 | $7,882,542 | ||
| Idaho State | $506,876 | -$6,223,921 | $6,730,797 | ||
| Illinois | $1,787,840 | -$2,723,388 | $4,511,228 | ||
| Illinois Chicago | $1,792 | -$9,438,598 | $9,440,390 | ||
| Illinois State | -$418,468 | -$9,790,135 | $9,371,667 | ||
| Indiana | $5,483,601 | $3,621,032 | $1,862,569 | ||
| Indiana Purdue Fort Wayne | $50,722 | -$4,395,033 | $4,445,755 | ||
| Indiana Purdue Indianopolis | $49,547 | -$4,814,904 | $4,864,451 | ||
| Indiana State | $310,508 | -$7,642,576 | $7,953,084 | ||
| Iowa | $8,854,232 | $8,328,291 | $525,941 | ||
| Iowa State | $45,141 | -$4,756,670 | $4,801,811 | ||
| Jackson State | $0 | -$3,264,510 | $3,264,510 | ||
| Jacksonville State | $0 | -$7,653,062 | $7,653,062 | ||
| James Madison | $146,362 | -$24,501,017 | $24,647,379 | ||
| Kansas | $2,355,080 | -$1,547,466 | $3,902,546 | ||
| Kansas State | -$2,819,994 | -$6,306,472 | $3,486,478 | ||
| Kennesaw State | $844,012 | -$8,275,538 | $9,119,550 | ||
| Kent State | $762,673 | -$12,837,850 | $13,600,523 | ||
| Kentucky | $3,429,073 | $2,743,070 | $686,003 | ||
| Lamar | $62,131 | -$6,592,539 | $6,654,670 | ||
| Long Beach State | $6,572 | -$8,869,408 | $8,875,980 | ||
| Longwood | $383,573 | -$6,226,631 | $6,610,204 | ||
| Louisiana Lafayette | $182,142 | -$6,039,203 | $6,221,345 | ||
| Louisiana Monroe | $88,385 | -$5,165,170 | $5,253,555 | ||
| Louisiana Tech | $53,895 | -$8,513,843 | $8,567,738 | ||
| Louisville | $3,585,114 | -$4,894,705 | $8,479,819 | ||
| LSU | $6,426,942 | $6,426,942 | $0 | ||
| Maine | $308,392 | -$9,240,296 | $9,548,688 | ||
| Marshall | -$2,658,122 | -$12,480,779 | $9,822,657 | ||
| Maryland | $47,322 | -$17,054,508 | $17,101,830 | ||
| Maryland Baltimore County | $100,866 | -$9,918,616 | $10,019,482 | ||
| Maryland Eastern Shore | $0 | -$3,802,154 | $3,802,154 | ||
| Massachusetts | $639,415 | -$19,342,740 | $19,982,155 | ||
| McNeese State | $89,981 | -$3,978,406 | $4,068,387 | ||
| Memphis | $0 | -$11,335,917 | $11,335,917 | ||
| Miami Ohio | -$503,777 | -$18,373,188 | $17,869,411 | ||
| Michigan | $10,650,888 | $10,630,241 | $20,647 | ||
| Michigan State | -$2,060,126 | -$5,729,372 | $3,669,246 | ||
| Middle Tennessee State | $0 | -$14,525,532 | $14,525,532 | ||
| Minnesota | $0 | -$8,528,051 | $8,528,051 | ||
| Mississippi | $0 | -$3,402,886 | $3,402,886 | ||
| Mississippi State | $68,617 | -$4,960,220 | $5,028,837 | ||
| Mississippi Valley State | $0 | -$2,295,906 | $2,295,906 | ||
| Missouri | $4,529,231 | $1,841,245 | $2,687,986 | ||
| Missouri Kansas City | -$1,561,190 | -$8,339,664 | $6,778,474 | ||
| Missouri State | $0 | -$5,112,403 | $5,112,403 | ||
| Montana | -$554,013 | -$7,281,480 | $6,727,467 | ||
| Montana State | $11,589 | -$9,345,002 | $9,356,591 | ||
| Morehead State | $0 | -$7,337,434 | $7,337,434 | ||
| Morgan State | -$1,090,581 | -$7,714,879 | $6,624,298 | ||
| Murray State | -$10,451 | -$9,425,949 | $9,415,498 | ||
| Nebraska | $4,337,878 | $4,337,878 | $0 | ||
| Nevada | -$1,472,236 | -$11,382,652 | $9,910,416 | ||
| Nevada Las Vegas | $1,312,549 | -$14,435,388 | $15,747,937 | ||
| New Hampshire | -$892,812 | -$17,609,523 | $16,716,711 | ||
| New Jersey Tech | $400,147 | -$8,663,161 | $9,063,308 | ||
| New Mexico | -$992,087 | -$14,636,983 | $13,644,896 | ||
| New Mexico State | -$1,894,888 | -$18,305,747 | $16,410,859 | ||
| Nicholas State | $95,408 | -$4,236,107 | $4,331,515 | ||
| Norfolk State | $1,561,707 | -$7,860,961 | $9,422,668 | ||
| North Carolina | $182,332 | -$8,245,156 | $8,427,488 | ||
| North Carolina Ashville | -$92,037 | -$2,692,296 | $2,600,259 | ||
| North Carolina Central | -$7,706 | -$4,154,366 | $4,146,660 | ||
| North Carolina Charlotte | $2,020,288 | -$9,549,083 | $11,569,371 | ||
| North Carolina Greensboro | $408,273 | -$8,259,271 | $8,667,544 | ||
| North Carolina State | $2,237,778 | -$3,283,970 | $5,521,748 | ||
| North Carolina Tech | $56,152 | -$5,318,304 | $5,374,456 | ||
| North Carolina Wilmington | -$106,673 | -$6,419,461 | $6,312,788 | ||
| North Dakota | $413,361 | -$7,293,091 | $7,706,452 | ||
| North Dakota State | $116,719 | -$6,384,861 | $6,501,580 | ||
| North Florida | $287,811 | -$5,656,568 | $5,944,379 | ||
| North Texas | -$6,850,848 | -$11,713,957 | $4,863,109 | ||
| Northern Arizona | $4 | -$7,918,429 | $7,918,433 | ||
| Northern Colorado | -$286,480 | -$6,286,592 | $6,000,112 | ||
| Northern Illinois | -$2,526,770 | -$17,672,817 | $15,146,047 | ||
| Northern Iowa | -$456,624 | -$9,082,000 | $8,625,376 | ||
| Northwestern State LA | $0 | -$7,060,013 | $7,060,013 | ||
| Oakland | -$163,835 | -$7,723,978 | $7,560,143 | ||
| Ohio | -$1,801,373 | -$16,856,823 | $15,055,450 | ||
| Ohio State | -$148,027 | -$148,027 | $0 | ||
| Oklahoma | $82,844 | $82,844 | $0 | ||
| Oklahoma State | -$20,029,043 | -$24,756,983 | $4,727,940 | ||
| Old Dominion | $1,699,239 | -$21,359,482 | $23,058,721 | ||
| Oregon | -$1,199,482 | -$2,597,576 | $1,398,094 | ||
| Oregon State | -$1,433,250 | -$12,872,353 | $11,439,103 | ||
| Portland State | -$100,408 | -$7,579,059 | $7,478,651 | ||
| Praire View A&M | -$959,188 | -$5,500,471 | $4,541,283 | ||
| Purdue | $2,374,483 | $2,374,483 | $0 | ||
| Radford | $181,909 | -$7,631,471 | $7,813,380 | ||
| Rhode Island | $267,045 | -$15,776,174 | $16,043,219 | ||
| Rutgers | $159,641 | -$25,572,909 | $25,732,550 | ||
| Sacramento State | -$1,647,249 | -$12,704,228 | $11,056,979 | ||
| Sam Houston State | -$9,627,307 | -$15,912,670 | $6,285,363 | ||
| San Diego State | -$2,084,678 | -$17,631,218 | $15,546,540 | ||
| San Jose State | $891,709 | -$11,349,487 | $12,241,196 | ||
| Savannah State | -$162,491 | -$2,844,244 | $2,681,753 | ||
| South Alabama | $577,400 | -$10,908,585 | $11,485,985 | ||
| South Carolina | $519,328 | -$1,578,759 | $2,098,087 | ||
| South Carolina State | $2,642,052 | -$8,765,345 | $11,407,397 | ||
| South Carolina Upstate | -$126,481 | -$5,792,984 | $5,666,503 | ||
| South Dakota | $3,641 | -$4,459,027 | $4,462,668 | ||
| South Dakota State | $24,243 | -$6,177,795 | $6,202,038 | ||
| South Florida | $2,773,112 | -$11,006,602 | $13,779,714 | ||
| Southeastern Louisiana | $736,896 | -$6,789,953 | $7,526,849 | ||
| Southeastern Missouri State | -$64,630 | -$6,416,167 | $6,351,537 | ||
| Southern | $3,020,506 | $102,045 | $2,918,461 | ||
| Southern Illinois | $185,050 | -$13,077,765 | $13,262,815 | ||
| Southern Illinois Edwardsville | $431,540 | -$4,387,104 | $4,818,644 | ||
| Southern Mississippi | -$941,943 | -$8,281,006 | $7,339,063 | ||
| Southern Utah | $381,586 | -$6,106,785 | $6,488,371 | ||
| Steven F Austin State | -$358,218 | -$10,250,720 | $9,892,502 | ||
| Stony Brook | $652,299 | -$19,610,217 | $20,262,516 | ||
| Tennessee | -$3,177,032 | -$15,872,271 | $12,695,239 | ||
| Tennessee Chattanooga | $0 | -$9,473,321 | $9,473,321 | ||
| Tennessee Martin | $0 | -$6,994,725 | $6,994,725 | ||
| Tennessee State | $0 | -$6,524,399 | $6,524,399 | ||
| Tennessee Tech | $4,917 | -$6,775,508 | $6,780,425 | ||
| Texas | $10,807,721 | $10,807,721 | $0 | ||
| Texas A&M | $20,309,228 | $15,845,848 | $4,463,380 | ||
| Texas A&M Corpus Christi | $16,416 | -$5,441,649 | $5,458,065 | ||
| Texas Arlington | -$654,217 | -$7,465,583 | $6,811,366 | ||
| Texas El Paso | $47,615 | -$11,903,140 | $11,950,755 | ||
| Texas Pan America | $374,902 | -$4,578,888 | $4,953,790 | ||
| Texas San Antonio | $58,895 | -$8,776,479 | $8,835,374 | ||
| Texas Southern | $0 | -$5,132,926 | $5,132,926 | ||
| Texas State | $8,086,515 | -$3,874,133 | $11,960,648 | ||
| Texas Tech | $2,025,856 | -$3,867,417 | $5,893,273 | ||
| Toledo | $1,308,571 | -$9,339,341 | $10,647,912 | ||
| Towsen | $99,332 | -$16,352,047 | $16,451,379 | ||
| Troy | $0 | -$9,335,021 | $9,335,021 | ||
| UCLA | $0 | -$2,708,877 | $2,708,877 | ||
| Utah | $724,298 | -$6,983,424 | $7,707,722 | ||
| Utah State | -$848,273 | -$10,816,052 | $9,967,779 | ||
| Utah Valley | $87,574 | -$6,531,622 | $6,619,196 | ||
| Vermont | -$360,418 | -$9,971,210 | $9,610,792 | ||
| Virginia | $3,444,266 | -$8,429,936 | $11,874,202 | ||
| Virginia Commonwealth | -$280,264 | -$13,370,512 | $13,090,248 | ||
| Virginia Tech | $1,975,217 | -$4,784,413 | $6,759,630 | ||
| VMI | -$92,926 | -$2,665,928 | $2,573,002 | ||
| Washington | -$6,555,918 | -$8,552,655 | $1,996,737 | ||
| Washington State | $214,284 | -$9,749,621 | $9,963,905 | ||
| Weber State | $173,099 | -$6,688,643 | $6,861,742 | ||
| West Virginia | $2,290,130 | -$1,865,718 | $4,155,848 | ||
| Western Carolina | -$313,546 | -$5,926,099 | $5,612,553 | ||
| Western Illinois | -$313,526 | -$7,476,768 | $7,163,242 | ||
| Western Kentucky | $0 | -$13,644,673 | $13,644,673 | ||
| Western Michigan | -$1,494,347 | -$17,847,873 | $16,353,526 | ||
| Wichita State | $4,838,945 | -$1,226,491 | $6,065,436 | ||
| William & Mary | $85,463 | -$9,459,861 | $9,545,324 | ||
| Winthrop | -$29,979 | -$8,957,053 | $8,927,074 | ||
| Wisconsin | $2,163,066 | -$3,155,558 | $5,318,624 | ||
| Wisconsin Green Bay | -$20,701 | -$4,193,004 | $4,172,303 | ||
| Wright State | -$1,492,439 | -$8,575,825 | $7,083,386 | ||
| Wyoming | -$77,005 | -$14,050,684 | $13,973,679 | ||
| Youngstown State | $0 | -$7,164,256 | $7,164,256 |